Innovative Strategies for Expanding Your Bubble Tea Business
2024-05-20
In 2022, market analysis of the milk tea business revealed that the global bubble milk tea market size reached a staggering $2.5 billion, showing no signs of decline. Compound Annual Growth Rate reached 7.5%, It has diversified with the addition of fruits, milk, coffee, and a variety of unique toppings like popping boba, tapioca, and coconut jelly, blending with different cultures to create distinctive variations of milk tea. This fusion has unlocked numerous possibilities and expanded markets worldwide.
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